Form 4: Annaly Capital Management COO Steven Campbell Reports Stock Transactions
SEC Form 4 Filing
Steven Campbell, COO of Annaly Capital Management, reports the vesting of performance stock units and shares surrendered for tax obligations.
Summary
- On February 25, 2025, Steven Campbell, the President and COO of Annaly Capital Management, reported transactions involving the company's common stock.
- He acquired 54,120 shares upon the vesting of a Performance Stock Unit (PSU) award, inclusive of dividend equivalent units (DEUs).
- He also disposed of 27,629 shares to satisfy tax withholding obligations related to the PSU vesting at a price of $21.66 per share.
- Following these transactions, Campbell directly owns 244,341 shares of Annaly Capital Management.
- The PSU award was previously granted on February 1, 2022.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about ownership changes.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in their companies. This filing indicates routine compensation-related transactions.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive, but the overall impact is likely minimal as it relates to standard compensation practices.
Key Dates
| Date | Description |
|---|---|
| 02/01/2022 | Date of the previously granted PSU award. |
| 02/25/2025 | Date of stock acquisition and disposal. |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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